The Pakistani cement industry is growing at an incredible rate, with cement manufacturers contributing mainly to the Pakistani economy. With the cement industry’s incredible contribution to the economy, it makes sense to support the expansion of the construction industry in Pakistan. However, there have been many issues that have been detrimental to the construction industry’s growth; Pakistan’s power crisis is one such issue that could cause many cement companies in the Pakistani industry to unravel. Another issue is the surge in the price of cement in Pakistan due to the volatile economy and increasing dollar rate. Some recovery in the industry is anticipated as flood rehabilitation programs gain pace as well as falling coal prices which could provide support to the sector's margins going ahead.
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1/5/2023 12:22:43 PM